Metaplanet Announces $1.44 Billion Share Offering Amid 30% Stock Plunge
Metaplanet's stock has fallen 30% after an international offering, continuing a trend of decline. The company plans to issue 385 million new shares to raise $1.44 billion, aimed at increasing its Bitcoin holdings despite potential dilution risks.
Metaplanet Announces $1.44 Billion Share Offering Amid 30% Stock Plunge
Metaplanet's stock has fallen 30% after an international offering, continuing a trend of decline. The company plans to issue 385 million new shares to raise $1.44 billion, aimed at increasing its Bitcoin holdings despite potential dilution risks.
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